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Brokkr Finance IDO results

Dear StarTerrans,

With over 2846 participants and a total of 2044030 $UST prefunded, we can definitely say the Brokkr Finance IDO was a great success! So, with another triumphant IDO behind us, we’re excited to be able to share with you its results and the lucky winners of the Social Power Competition!

But first, to recap, let’s take a quick look at what this innovative project is about. Brokkr Finance is actually an investment protocol that simplifies web3 through community-built portfolios. It creates an investment infrastructure of Portfolios that automates the use of DeFi protocols. If you would like to learn more about this THORchain based and Terra powered project, head to the article here.

Now, for anyone new here, in accordance with StarTerra’s gamified terms, each IDO we hold an inherent competition between the Factions to award our most active and loyal player base. We do this by splitting the IDO gamified pool (total 15%) into the different Factions and working on a point system through a set of categories relating to the involvement of each Faction such as total Faction members involved, total STE, and Social Power.

After all the points have been awarded, they are tallied up and, depending on the position of each Faction, every Faction receives a different amount of the gamified pool to increase your allocation!

So, now that we know how the results are going to affect you as a player, it’s time to find out who won!

Social Power

The Social Power metric was used to determine which faction’s population is the most socially active and was a key variable in deciding the IDO victor.

The 3 lucky winners of $50 worth of $BRO tokens are (twitter handles):

And for the second contest where you had to come up with a DeFi strategy you’d like to see implemented on BrokkrFinance, there is one winner:

@WarcholWojciech

Congrats to you all!

Winners have 48 HOURS! To get in contact with us and send us their Terra address ON TWITTER in order to claim your award.

Now, let’s get into the overall factions’ results and decide the Social Power winner!

Well done, Interstellars!

Total STE per Faction

The total STE involvement for this IDO reached over !

Total Prefunded

Moving onto the Prefunds, with over 2044030.00 $UST prefunded in total, here’s how the Factions have done individually. (Total of Factions will be different than total prefunded as recruit tier is not included)

Total Players

With 2846 players overall, let’s see how many the factions had. Bear in mind, this does not include recruits but does include WhaleCraft.

WhaleCraft Participation

As you know, our 150 top wallets on StarTerra are classed as WhaleCraft, so just how many of these elite participants contributed to each Faction?

Overall Result

With impressive involvement dedicated from each Faction, it’s unfortunate to announce that as always, there can only be one winner.

3rd place, with a total of 6 points, are the Degens!

2nd place, with a total of 8 points, are the Lunatics!

The winner, with 10 points, are the Interstellars, earning themselves 1st place, well done!

What does this entail?

As mentioned, StarTerra works with P2E in mind. One of the active systems we have is the gamified pool, which this rivalry between the Factions competes for. WIth that being said, here are the gamified split pool percentages:

Degens will have 25%
Lunatics have earned 33%
Interstellars have got themselves 42%!

So as is evident, we put these gamified aspects to good use alongside our Social Power metric to enhance your experience with our platform providing a more satisfactory result awarding the most loyal player base, make sure to include yourself if you haven’t already in our upcoming IDOs to take a bigger allocation home with you!

Allocation Sizes

To avoid any discrepancies in how the allocations are handled, we’re giving you the full details of what you’re eligible for depending on your Faction’s state as well as your personal tier. It’s important to note that allocation sizes scale with the amount of funds a project wants to collect as well as participants in IDO.

Lunatics

Winner: 977 $UST

Degens

Winner: 1108 $UST

Interstellars

Winner: 955 $UST

Recruits:

261 $UST

Squadrons

Between 194 and 450 $UST

WhaleCraft

Minimum: 2500 $UST

Maximum 2500 $UST

To summarize, in total there were a total number of participants in this IDO, and of this, participants will have received an allocation depending on a few factors such as tier, faction place etc with of them being in a Faction. Meaning most of this IDO’s participants will have received an allocation for Brokkr!

Vesting

As stated on the earlier IDO details, if you have won yourself an allocation, you will be able to claim 100% of your $BRO tokens at TGE.

We’re thrilled with the results of this IDO and we’re happy to be supporting the Brokkr Finance project from the very beginning, as we see a bright future ahead of it! Once again, big congrats to all the participants, and to the lucky winners. If you haven’t been fortunate enough to win an allocation, don’t worry as there will be plenty of new opportunities coming in the near future!

To Brotocol and beyond!

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